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20121127
20121127
Search Results 0 to 16 of about 17 (some duplicates have been removed)
office. >> with all of that talk on "varney & company" about gun sales going up if president obama he gets reelected. here is the proof, it's happening. it's a busy friday for the fbi, it fielded 154,873 background checks from gun dealers for perspective buyers, that's just in one day. it's a 20% increase over the previous record set last year on black friday. and by the way, 62% of those applications were the so-called long guns, rifles, shotguns, people are afraid president obama will seek to ban assault weapons so they're buying now. and n.r.a. head predicted this on "varney & company." >> i think you'll see a siege on the second amendment we've never seen before. president obama is trying to camouflage this issue to get through the election. and they're handing out flyers all over the heartland of the country, obama is not going to take your guns, they're trying to fog the election and get through the election, but if they do, it's katie bar the door. stuart: yes indeedy, look at black friday. next hour we'll talk to the gun store owner who took out the ad in the paper. if you vot
obama promise, but some promises are made to be broken, and i think this is probably a good move. but first up congress back at work tonight after the holiday recess with now just 35 days to go. are we any closer to a tax and fiscal cliff fix? cnbc's own chief washington correspondent john harwood joins us now with all the details. good evening, john. >> reporter: good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. let's talk for a moment about what's happened on the fiscal cliff by the numbers since that early constructive meeting with the congressional leaders and the president. the numbers are all one. there's one month left for these leaders to figure it out. two, 1.4 it is is the amount to be shaved off by gdp and one is the amount of trillions of dollars that democratic aides, senior democratic aides tell me is necessary to get a deal wit end of the year with the remaining 3 trillion of savings coming in the early part of next year, a
on the rich. will they give president obama room to negotiate some kind of deal that gets through this hell coming january 1st. they say they won, the other side lost, they're going to fight. >>> plus democrats are moving to end the so-called silent filibuster which republicans have used to quietly say if you don't have 60 votes, you ain't going nowhere. this is the big question, if they're successful it's possible, it's possible the democrats will be able to get some things done. we'll talk about that in a minute. they're going to be just like jimmy stewart finally. they're going to force them to actually filibuster like they did in mr. smith goes to washington. anytime they really want to shut down the senate. >>> and the democrats considered least likely to win back her senate seat beats the odds thanks to todd akin and is back for a second term. our friend the great claire mccaskill joins us tonight, the senator from missouri. >>> what's the first sound you hear after a democrat wins a presidential election? a republican crying fraud. tonight, the latest republican fairy tale of how pre
about the idea of going off the fiscal cliff. alan krueger, the chairman of president obama's economic advisers, he spoke about what would happen if we go off this so-called fiscal cliff. in this report put out by the white house, american consumers will spend 200 billion less in 2013 if the fiscal cliff is not averted according to this white house report. jay carney went on to say in this press briefing that president obama believes and understands that in order to achieve a deal, a compromise, that everybody has to make tough choices and he remains committed. but this is what he said about social security -- the white house is less interested in tackling the rising costs of social security during the current talks. so that is what is the latest coming out of the white house on the fiscal cliff talks. the two sides not scheduled to meet face to face. as you heard from the prevent of the congressional leaders are the weekend and the two sides separately meeting this week in washington with business leaders and as we said, unions are planning protests on capitol hill. a lot to talk abou
with president obama. immigration will also probably be among those discussions. >>> 7:15. new this morning, u.n. ambassador susan rice is meeting with -- on capitol hill with three senators who have been critical of her initial explanation about the attacks in libya. jamie dupree has more from washington, d.c. via skype. >> reporter: there is a lot of talk that she will be nominated for the position of secretary of state. rice is here this morning meeting with senators john mcan, lindsey graham and others in the basement of the capitol. you can see a stakeout that's down there where vee with -- where we have microphones set up. we're hoping to hear from some senators later this morning about this meeting. rice has taken a lot of flack for her explanation on the talk shows about what happened on the attacks in libya on that u.s. facility in benghazi where four republicans were killed. a lot of republicans said she was basically relating a story that was not true about how this attack was fostered and caused by that anti-muslim video that's proven not to be so. but after briefings by intelligen
a long time. president obama got beaten up pretty good in the debates. it looks to me that he will be more flexible. when push comes to shop, he will be more flexible. he wants to leave a legacy of the greatest president of all time. connell: steve moore making the case a moment ago that we will go over the cliff for a few weeks, a few months, whatever it may be. you make a bet that he does a deal before the end of the year because he is worried about his legacy. are you sure enough about it to bet on something in the markets? >> well, yeah. absolutely. i think he made it on the intraday low at 1343. i think that holds up at year end. i just got back from europe. everyone over there is bearish and underinvested. i think if the market does not fall apart right here, i think they will be forced to chase in the santa claus rally. connell: it is that time of year again. going over the cliff, however, you assign some probability to that. first, tell us about that. how will the market react to that? would that really happened or what the market kind of look down the road and say the
politicians take the fiscal clipper demint to the voters again. obama's heads to suburban philadelphia. white house officials will say he continues to make his case to keep them where they are earning less than two 1/5 thousand and those making more. after a week of meetings of ceo and business leaders but not any with congressional negotiators. >> instead of sitting down with lawmakers to work out agreement, he is back on the campaign trail with the same talking points. >> the president tries to dramatize what the president shows the 60% of voters agree the wealthy should pay more in taxes. >> and republicans are responding that house republicans will visit local small businesses to emphasize the threat to jobs posed by the small business tax hike. lori: the epa may impose new regulations on air quality and carbon emissions and now one of particular is trying to prevent them from going into effect and peter barnes has details. senator inhofe the most vocal critic of the epa, the heartland institute presented him with more than 16,000 petitions and that demand congress cohmad graner wrote age
, the u.s. economy would suffer big time. the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away aone of the nation's most popular programs. >> medicare is clearly in the gunsights. >> reporter: it's possible congress and the president could agree to save $300 to $400 billion from medicare by cutting fees for doctors and hospitals. but analysts worry slashing payments won't make the health care system more efficient. >> this is not really a way to structurally change medicare and if you don't change the underlying incentives, you don't get long-term savings. >> reporter: progressives at the center for american progress say the government could save close to $150 billion by squeezing the pric
's their money. we don't taken a editorial -- i don't dictate an editorial position -- i voted for obama. we have 12 newspapers that endorsed -- ten of them endorsed romney and i'm the c.e.o. but two papers endorsed obama which who i voted for and ten endorsed romney. >> rose: speaking of obama, the president, do you think he'll be different in the second term? >> somewhat. he won't -- >> rose: what makes you think that and how? >> i think second terms are different than the first terms. >> rose: first terms can be full of land mines, too. >> they can be. but in the first tomorrow some extent you and your party have to be thinking about your reelection. and a second term certainly frees up that aspect of it and then the question is how effective you can be in getting congress to work with you. >> rose: you have access to him. he calls you and -- >> i've never called him. (laughter) i've never called the president. >> rose: but you talk to him on the phone and go meet him. do you think he has a new attitude about business that's come about because of the first four years? >> i think that in the fi
. and that the size of the fed asset purchases is abnormal. meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the
. [laughter] good work. all right, well, president obama is meeting with small business leaders today to garner support for his plan to deal with the debt. this following a meeting yesterday with the white house officials and small business owners. one entrepreneur in attendance was carol coughlin, she is founder of bottom line growth strategies, and she joins us now. what does your company do? >> well, we are growth advisers. we work with growing companies in the mid atlantic area to provide, to help them grow profitably and sustainably. david: okay. and the fact is because you've got a lot of offices around washington, there has been growth there even though the general economy is growing at anemic levels. how did the white house find you? how did their folks find you? >> i believe they were looking for businesses in the area that were growing or that were in the news, and that's how they found me. david: okay. did you meet with the president or not? >> we did not. we met with a number of advisers at the white house. david: for example? >> um, business outreach group, immigration, h
its thanksgiving break today. the senate was back yesterday. meantime today president obama will be meeting with small business leaders. at issue of course is the series of tax increases and spending cuts that kick in at the end of the year if congress doesn't act. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> cnbc's raise above campaign continues. we're asking who has the courage to rise above partisan politics and find a solution. among our guests, three men who understand washington, wall street and corporate america very well. we have the chairman of president george w. bush's council of economic adviser, ed lazear, roger altman, and real estate tycoon don peebles. but let's cover this morning's top headlines. >>> we do have a lot in the corporate headlines this morning including equity residential and avalon bay communities agreeing to buy archstone from lehman brothers holdings. the price tag, about $6.5 billion in cash and stock. the deal gives lehman cash to help pay its creditors as it liquidates. but i
for years and believes the speaker wants to make a deal with president obama to avoid the fiscal cliff, but he's seen washington's dysfunction and has his doubts. >> he's somewhat just like the president. it's time to do ahead and do your job. >> speaker boehner is secure enough in his own district that his constituents will give him a free hand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he ultimately strikes with president obama. >> carl, that's not just john boehner's job. it's also the job of eric cantor, the majority leader the on the democratic seed, harry reid and chuck schumer have to pull their flock behind any potential deal struck. that's not easy getting 60 votes the in the senate and the majority of the house. >> rangling cats on both sides, john. the president meeting with business executives at the white house, going to pennsylvania this week to visit a small business. all theater, or is there something bigger going on? >> he's trying to put pressure on the congress and generate more stakeholders. h
Search Results 0 to 16 of about 17 (some duplicates have been removed)